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An analyst must decide between two different forecasting techniques for weekly sales of roller blades: a linear trend equation and the naive approach. The linear trend equation is Ft= 126+ 2.1 t, and it was developed using data from periods 1 through 10. Based on data from periods 11 through 20 as shown in the table, which of these two methods has the greater accuracy if MAD and mse are used? (Round your intermediate calculations and final answers to 2 decimal places). t= 11, 12, 13, 14, 15, 16, 17, 18, 19, 20 Units Sold 146, 146, 148, 144, 153, 149, 154, 157, 162, 166. MAD (Naive) , MAD (Linear) , MSE (Naive) , MSE (Linear) . Blank provides forecasts with less average error and less average squared error?
An accounting firm has just contacted your consulting business for assistance. They want to hire someone to do accounting and payroll. The bookstore is downstairs, while the office is upstairs in an older building. The essential functions of the job ..
In what ways is creating the project schedule a challenge in multi-project organizations? What does the project manager do to overcome this challenge?
As organizations become more diverse and globally connected, it is important to ensure that training is designed and delivered to meet companies’ strategic objectives, regardless of location. What are some ways in which organizations can ensure that ..
which mehods seems the most appropriate?
An organization recently developed a new compensation system, which has moved the organization from a static grade-based salary to a performance-based compensation system with possible yearly increases determined by yearly performance reviews.
The following data represents number of customers arriving at Quick Lube for an oil change between 8 and 11 AM over the past 6 days. 12, 9, 11, 12, 10, 13. a. Using 3 day moving average, forecast day 7. b. Using exponential smoothing with alpha = .3,..
Describe what would happen to a company’s value chain if all electronic devices and systems suddenly were unavailable and an expected time for resolution time is unknown. How might a company prepare for and manage the risk associated with potential o..
In what kind of industries does a localization strategy make sense? When does a global standardization strategy make most sense? Discuss how the need for control over foreign operations varies with firms’ strategies and core competences. What are the..
Describe formation of the field of Supply Chain Management and explain how the phenomenon of time based competition has affected this field.
how does a CMO view Global Markets? Are global markets a "fact of life" for today's CMOs, product/brand managers?
What differentiates violent crime investigations from white collar crime investigations, in terms of evidence gathered? How can you build-in safeguards to prevent or mitigate false allegations in future fraud examinations?
The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 2016: Employee Hours Worked Hourly Rate Weekly Salary Federal Income Tax U.S. Prepare a payroll register for Throwback Industries Inc. for the week ..
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